To meet its obligations at Fukushima and return the company to profitability, Kobayakawa said TEPCO
aims to grow revenue by 500 billion yen annually, and generate a total of 450 billion yen in profit over the next decade.
confirmed on January 31 that it would not accept a uranium delivery scheduled for February 1 and would not withdraw the contract termination notice it provided to Cameco on January 24.
That made the TEPCO
stock a 10 bagger in a matter of 2-3 years (in dollar terms).
theorized the leaking water could be the cooling water from the reactor containment vessel.
told press that the predominant reason behind the sharp increase in radiation at the plant was X-rays coming from storage tanks holding radioactive water that has been leaking from the Fukushima facility.
Economy, Trade and Industry Minister Toshimitsu Motegi told TEPCO
President Naomi Hirose that local consent is an important factor in the process, while warning that the handling of the Fukushima crisis should not take a backseat.
has been repeatedly criticized for delays in handling and disclosing problems at the plant.
Under the restructuring plan, submitted to the government by TEPCO
and the fund late April, TEPCO
plans to cut costs by JPY 3.
16 May 2011 - Moody's today axed its ratings of Tokyo Electric Power Company (TYO:9501), or TEPCO
, the operator of the quake-hit Fukushima nuclear plant, warning further downgrades could follow as the nuclear fallout and compensation costs exceed earlier estimates.
Department of Energy loan guarantee, TEPCO
, through its U.
currently holds a roughly 83 percent stake in PoweredCom, while several other local power companies hold the remainder.
Under a separate deal, KDDI and TEPCO
will jointly offer broadband fiber-optic data communications services using the power company's fiber-optic network infrastructure.